Bank of America Portfolio holdings
Bank of America, founded in 1904 as the Bank of Italy by Amadeo Giannini to serve immigrants in San Francisco, is now one of the largest financial institutions in the world, headquartered in Charlotte, North Carolina, following its 1998 merger with NationsBank. It provides a broad spectrum of services, including consumer banking, wealth management (through its Merrill division), commercial banking, and investment banking, managing trillions in assets and serving millions of customers globally.
Top Buys
| Rank | Stock | Value |
|---|---|---|
| 1 |
Vanguard Morningstar Value ETF
VTV
|
+$3.48B |
| 2 |
Schwab Short-Term US Treasury ETF
SCHO
|
+$2.49B |
| 3 |
Invesco QQQ Trust
QQQ
|
+$2.36B |
| 4 |
Apple
AAPL
|
+$2.28B |
| 5 |
Amazon
AMZN
|
+$1.74B |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
iShares Core S&P 500 ETF
IVV
|
+$3.15B |
| 2 |
iShares Core MSCI EAFE ETF
IEFA
|
+$2.87B |
| 3 |
iShares MBS ETF
MBB
|
+$990M |
| 4 |
Vanguard Dividend Appreciation ETF
VIG
|
+$897M |
| 5 |
Chevron
CVX
|
+$863M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 12.41% |
| 2 | Healthcare | 6.97% |
| 3 | Financials | 6.77% |
| 4 | Consumer Discretionary | 5.53% |
| 5 | Industrials | 5.44% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
601
State Street SPDR Portfolio S&P 500 High Dividend ETF
SPYD
$7.78B
| $215M | 0.02% |
5,665,126
+154,931
| +3% | +$6.19M |
|
|
SPYM
602
State Street SPDR Portfolio S&P 500 ETF
SPYM
$170B
| $215M | 0.02% |
4,459,638
-271,483
| -6% | -$12.7M |
|
603
International Paper
IP
$21.8B
| $214M | 0.02% |
5,940,250
+1,067,306
| +22% | +$39.5M |
|
604
JPMorgan Ultra-Short Municipal Income ETF
JMST
$7.15B
| $214M | 0.02% |
4,216,026
-1,181,975
| -22% | -$59.8M |
|
605
Public Service Enterprise Group
PEG
$37.8B
| $214M | 0.02% |
3,426,130
+574,681
| +20% | +$34.8M |
|
606
Vanguard Consumer Discretionary ETF
VCR
$6.11B
| $213M | 0.02% |
844,872
-375,441
| -31% | -$91.4M |
|
|
EA
607
DELISTED
Electronic Arts
EA
| $213M | 0.02% |
1,769,332
-302,248
| -15% | -$35.5M |
|
608
Ciena
CIEN
$62.7B
| $213M | 0.02% |
4,052,505
+424,453
| +12% | +$21.2M |
|
609
Nucor
NUE
$61.8B
| $211M | 0.02% |
1,364,753
+199,895
| +17% | +$31.8M |
|
610
Hartford Financial Services
HIG
$37.8B
| $210M | 0.02% |
3,012,108
+212,575
| +8% | +$15.8M |
|
611
PUT
iShares 20+ Year Treasury Bond ETF
TLT
$40.8B
| $209M | 0.02% |
1,967,300
+1,100,700
| +127% | +$115M |
|
612
Pacer Global Cash Cows Dividend ETF
GCOW
$3.48B
| $209M | 0.02% |
6,218,916
+2,921,124
| +89% | +$97M |
|
|
WCN
613
Waste Connections
WCN
$41.6B
| $209M | 0.02% |
1,502,022
-49,692
| -3% | -$6.61M |
|
614
Carrier Global
CARR
$52.2B
| $208M | 0.02% |
4,554,342
+199,669
| +5% | +$8.94M |
|
615
Vanguard Morningstar Mega Cap ETF
MGC
$10.4B
| $208M | 0.02% |
1,450,684
-26,334
| -2% | -$3.65M |
|
616
T. Rowe Price
TROW
$23.7B
| $207M | 0.02% |
1,836,227
+73,762
| +4% | +$8.43M |
|
617
Vanguard S&P 500 Value ETF
VOOV
$6.8B
| $206M | 0.02% |
1,402,638
-130,064
| -8% | -$19M |
|
618
Canadian National Railway
CNI
$77.2B
| $206M | 0.02% |
1,742,094
+306,551
| +21% | +$36.2M |
|
619
Reinsurance Group of America
RGA
$16.4B
| $205M | 0.02% |
1,543,731
+74,110
| +5% | +$10.5M |
|
620
JPMorgan BetaBuilders Japan ETF
BBJP
$19.2B
| $205M | 0.02% |
4,226,306
+349,191
| +9% | +$16.4M |
|
621
Church & Dwight Co
CHD
$24B
| $203M | 0.02% |
2,301,313
+548,298
| +31% | +$45.8M |
|
622
State Street SPDR Portfolio Developed World ex-US ETF
SPDW
$42B
| $203M | 0.02% |
6,316,735
-171,114
| -3% | -$5.4M |
|
623
RB Global
RBA
$16B
| $203M | 0.02% |
3,602,148
+2,415,035
| +203% | +$142M |
|
624
Huntington Bancshares
HBAN
$35.9B
| $203M | 0.02% |
18,093,541
-5,724,883
| -24% | -$79.7M |
|
625
Invesco S&P 500 Pure Value ETF
RPV
$1.74B
| $203M | 0.02% |
2,668,270
-258,029
| -9% | -$20.9M |
|
Similar funds
Bank of America's Q1 2023 Portfolio in Review
As of Q1 2023, Bank of America held 8,720 positions worth $974B, up 11% from $878B the previous quarter. Its ten largest holdings account for 16% of the portfolio.
Bank of America deployed $44.8B of net new capital in Q1 2023, opening 508 new positions and adding to 4,009 existing holdings. Its largest new stake was GE HealthCare: 1,546,972 shares worth $127M.
By sector, the portfolio is most concentrated in Technology at 12% of assets, up from 10% a quarter earlier, followed by Healthcare and Financials.
On the sell side, the largest reduction was iShares Core S&P 500 ETF, an estimated $3.15B trimmed.
- Bank of America's largest Q1 2023 buy was GE HealthCare: 1,546,972 shares worth $127M.
- Bank of America added most to Vanguard Morningstar Value ETF in Q1 2023, an estimated $3.48B increase.
- Bank of America's biggest Q1 2023 reduction was iShares Core S&P 500 ETF, cutting an estimated $3.15B.
- Bank of America fully exited SVB Financial Group in Q1 2023, selling an estimated $121M.
- Bank of America's ten largest holdings make up 16% of its $974B portfolio in Q1 2023.
- Bank of America opened 508 new positions and closed 926 in Q1 2023.
- Bank of America's portfolio value rose 11% quarter-over-quarter to $974B.
Based on Bank of America's 13F filing for Q1 2023, filed 12 May 2023.